MTB releases annual sustainability report for 10th year

Mutual Trust Bank PLC (MTB) released its “10th Annual Sustainability Report for 2023”, styled “A Decade of Sustainable Commitment”, in line with the Global Reporting Initiative (GRI) standards, at its head office in the capital’s Banglamotor recently..The report highlights the bank’s effor
8 December 2024, 15:05 PM

Prime Bank signs payroll agreement with AkijBashir Group

Prime Bank PLC has recently signed a payroll agreement with AkijBashir Group, a business conglomerate in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Shamsuddin Ahmed, deputy managing director of the business group, penned the deal at the latter’s corporate
8 December 2024, 15:03 PM

SBAC Bank holds ‘Annual Risk Conference’

SBAC Bank PLC held the “Annual Risk Conference 2024” at its training institute in the capital yesterday..Mohammad Nazmul Huq, chairman of the risk management committee and director of the bank, inaugurated the daylong conference as chief guest, according to a press release..Habibur R
7 December 2024, 15:09 PM

Mercantile Bank arranges ‘Risk Conference’

Mercantile Bank PLC organised “Risk Conference 2024” at the bank’s head office in Dhaka yesterday..A total of 421 officials took part in the conference, the bank said in a press release..Md Mezbaul Haque, executive director of the Bangladesh Bank, inaugurated the conference as the ch
7 December 2024, 15:08 PM

NCC Bank holds money laundering prevention conference

NCC Bank organised a daylong conference on “Prevention of Money Laundering & Combating the Financing of Terrorism” for branch anti-money laundering compliance officers (BAMLCOs) at the bank’s head office in Dhaka yesterday..A total of 128 BAMLCOs of the bank from across the country partici
7 December 2024, 15:07 PM

National Bank holds ‘Regional Business Conference’

National Bank Limited organised a “Regional Business Conference” at the Surjodip Convention Centre in Mymensingh yesterday..Abdul Awal Mintoo, chairman of the bank, inaugurated the conference as the chief guest, the commercial lender said in a press release..During the event, Mintoo
7 December 2024, 14:52 PM

Eastern Bank provides Tk 60 lakh to SOS Children’s Villages to develop youth skills

Eastern Bank PLC (EBL) recently entered into a partnership agreement with SOS Children’s Villages International in Bangladesh (SOSCV) under which the bank provided a total of Tk 0.6 crore..This collaboration will see EBL funding the total medical expenses for all the children of the villag
7 December 2024, 14:52 PM

LC margin bar withdrawn for crisis-hit six banks

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce
5 December 2024, 19:38 PM

Exim Bank opens 153rd branch in Barguna

Exim Bank PLC opened a new branch in Barguna yesterday..This is the 153rd branch of the bank, the commercial lender said in a press release..Mohammad Feroz Hossain, managing director and CEO of the bank, inaugurated the branch as the chief guest..Hossain discussed the details o
5 December 2024, 13:52 PM

Mercantile Bank launches CRM booth

Mercantile Bank PLC launched a CRM booth at its head office in the capital yesterday, offering 24/7 cash deposit and withdrawal services through a single machine..Mati Ul Hasan, managing director of the bank, inaugurated the facility as chief guest, the bank said in a press release..
5 December 2024, 13:39 PM

Bank Asia rewards staff for drawing deposits

Bank Asia PLC has awarded its employees for their remarkable performance in the deposit mobilisation campaign..The award-giving ceremony was organised at Bank Asia Tower in the capital’s Karwan Bazar yesterday, the bank said in a press release..Sohail RK Hussain, managing director of
5 December 2024, 13:37 PM

Southeast Bank donates Tk 25 lakh for agri research

Southeast Bank PLC recently provided financial support of Tk 25 lakh to Sylhet Agricultural University in a bid to facilitate research activities in the agricultural sector under the bank’s special corporate social responsibility (CSR) fund..The financial assistance was handed over to Prof
5 December 2024, 13:37 PM

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular
5 December 2024, 11:18 AM

Govt aims to bring down inflation to 4-5%

The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
4 December 2024, 20:00 PM

Prime Bank holds ‘Annual Risk Conference’

Prime Bank PLC recently organised its “Annual Risk Conference 2024” in Marina Yasmin Chowdhury Conference Hall at its office in the capital’s Niketan in a bid to foster a better risk management culture..The conference was attended by approximately 200 participants, including branch operati
4 December 2024, 14:18 PM

Dutch-Bangla Bank’s services to remain suspended temporarily

Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5
4 December 2024, 14:10 PM

Trust Bank holds money laundering prevention workshop

Trust Bank PLC recently organised a daylong workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” at Hotel Star Pacific at East Dargah Gate in Sylhet..Mohammad Abul Hashem, director (inspection) of the Bangladesh Bank Sylhet office, attended the workshop as the
4 December 2024, 14:04 PM

Al-Arafah Islami Bank signs payroll deal with BHT Industries

Al-Arafah Islami Bank PLC recently signed an agreement with BHT Industries Limited to provide “AIB PLC Payroll Privilege Services” (APPS) for the latter’s employees..Md Fazlur Rahman Chowdhury, deputy managing director of the bank, and Md Mashrifur Rahman, director of BHT Industries, penne
4 December 2024, 14:03 PM

Prime Bank holds conference for anti-money laundering compliance officers

Prime Bank PLC recently organised a “BAMLCO Conference-2024” for its branch anti-money laundering compliance officers (BAMLCOs) across the country at its head office in the capital’s Gulshan..AKM Ehsan, executive director and acting head of Bangladesh Finance Intelligence Unit (BFIU), inau
3 December 2024, 15:18 PM

BRAC Bank, Pran-RFL sign cash management deal

BRAC Bank PLC recently signed an agreement with Pran-RFL Group, a leading conglomerate in Bangladesh, to offer advanced cash management solutions and supply chain financing to optimise their working capital and financial operation..Tareq Refat Ullah Khan, deputy managing director and head
3 December 2024, 15:18 PM